Key details of Amanda Staveley’s takeover bid revealed following confusion over the price last night

A host of North-East correspondents have provided some key details surrounding Amanda Staveley’s bid to buy NUFC in an attempt to clear up the confusion from last night – claiming that the bid IS ‘in the region” of £300m, but includes clauses, payment structures AND a request for compensation IF we were to be relegated this season.

There was real frenzy of breaking news after an official takeover bid was finally lodged last night, with initial claims of a £300m bid then met with concerning news from club sources claiming that was inaccurate – and that the bid was in fact below that figure and ‘well short’ of Ashley’s valuation.

Speculation has been rife as you’d expect following such big news, however several North-East correspondents have since provided on update on proceedings, revealing what they believe Amanda Staveley’s actual bid to be:

The initial bid is thought to be eventually worth around £300m and has clauses within it. Neither side really want the bidding to be played out in public but there is massive public interest. #nufc